Unlocking the Value of Your Crypto: Award-Winning Crypto-Backed Loans for Aussies

WeMoney

In today’s dynamic world of cryptocurrency, traders and holders are always looking for ways to maximise their investments without compromising their holdings. For Aussies, Block Earner's crypto-backed loans offer a unique solution, enabling them to release equity from their crypto investments without selling. 

Block Earner enables you to borrow AUD using your cryptocurrency holdings as security. This pioneering approach addresses the immediate financial needs of Australians looking to maintain exposure to their crypto. According to Block Earner, over 4 million Aussies are holding $25 billion AUD in crypto assets - they are proud to be leading the innovation of consumer lending, redefining accessibility and financial empowerment for crypto holders across the country.

What Makes Block Earner Different?

Winner of WeMoney’s Prestigious ‘Lending Innovation of The Year’ Award in 2024

Block Earner, a leading Australian cryptocurrency exchange and financial tech company, has been recognised at the recent WeMoney Awards 2024 winning the prestigious ‘Lending Innovation of The Year’ Award.

This award celebrates Block Earner's innovative approach to lending, leading the pack and further solidifying its position as a trailblazer in the financial technology landscape. Being acknowledged at such high levels underscores their dedication to providing cutting-edge financial solutions that empower Aussie customers and drive the industry forward.

Releasing Equity from Crypto Investments Without Selling

One of the standout benefits of Block Earner's crypto-backed loans is the ability for everyone to unlock the value of their crypto investments without selling. This means Aussies can access the funds they need while keeping their crypto assets intact, allowing them to continue appreciating in value. 

Same-Day Settlement AKA Quick Access to Funds

Block Earner’s process is designed with your convenience in mind. From application to settlement, you can access funds ranging from $50 to $5 million on the same day. This rapid turnaround is perfect for those who need quick access to capital, ensuring that you can act swiftly on opportunities or address urgent financial needs without delay.

Flexibility for Various Financial Needs

The flexibility of Block Earner's crypto-backed loans makes them suitable for a variety of use cases. Common uses include:

  • Home Deposits - Secure your dream home without liquidating your crypto assets.
  • Holidays - Fund your travel adventures while your investments continue to grow.
  • Car Purchases - Drive away in a new car using the equity from your crypto holdings.
  • Debt Consolidation - Simplify your finances by consolidating high-interest debts into one manageable loan.

This flexibility not only means you can meet the above needs but over the term of the loan you’re able to adjust the facility in line with your needs.

Fixed Rate Credit Line 

Block Earner's crypto-backed loans function as a credit line with a fixed interest rate for 12 months. This fixed rate offers significant advantages:

  • Predictability: Knowing your rate won’t change for a year helps you plan and budget more effectively.
  • Flexible Repayment: Borrowers can repay the loan on their own schedule within the 12-month period, providing the freedom to manage repayments in a way that suits their financial situation.

Such stability and flexibility make this loan particularly attractive, offering peace of mind in an often-volatile financial landscape.

FAQs

What are the benefits of Block Earner’s crypto-backed loans for Australians? Block Earner’s crypto-backed loans allow Australians to release equity from their crypto investments without selling, allowing borrowers to maintain their crypto exposure.

How quickly can I access funds with a Block Earner crypto-backed loan? From application to settlement, you can access funds on the same day, ranging from $50 to $5 million.

What can I use a Block Earner crypto-backed loan for? Common uses include home deposits, holidays, car purchases, and debt consolidation.

How does the fixed rate work for Block Earner’s crypto-backed loans? Our loans function as a credit line with a fixed interest rate for 12 months, providing predictability and flexible repayment options.

Why is the fixed interest rate beneficial? The fixed interest rate offers stability, allowing borrowers to plan and budget effectively without worrying about rate changes for a year.

How do I apply for a Block Earner crypto-backed loan? You can easily apply using the mobile app (iOS and Google Play) or in browser, and from application to settlement, the entire process can be completed on the same day.

What happens after 12 months period? Customers can apply for a roll-over or close their loan by paying AUD or using/selling part of their assets (optional)

Is Block Earner compliant with Australian laws and regulations? Yes, Block Earner operates in compliance with Australian laws. The credit is provided by Web3 Loans Pty Ltd (ACN 668 516 952) and managed by Web3 Ventures Pty Ltd, trading as Block Earner (ACN 655 090 869). Block Earner is an authorised credit representative (number 551024) of Mortgage Direct Pty Limited (ACN 075 721 434), which holds Australian Credit Licence 391876.

Explore More of Block Earner on their website.

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